W2W13: Robin Coady Smith: 86% of businesses can’t be sold, and how to fix this for your business FAST!

In this episode of Wisdom to Wealth, we interview Robin Coady Smith, a pioneer in the family office space since 2003. She understands the ambitions of successful entrepreneurs, and helps them and their families increase the value of their business by 3-10X with superior, cutting-edge succession planning.

Listen to our interview with Robin here:

In this interview you’ll discover:

1. The importance of understanding the relationship between company founders and their family (05:12)2. How to keep your second and third generations of your family happily involved in your business (07:14)
3. What are the most important metrics to track your business performance (11:00)4. How European and Eastern countries like Japan and China look at business differently than Americans, and how to maximize your profits using their perspective (15:07)
5. The commonalities of successful companies as well as the challenges they usually face (16:30)6. Robin talks about when to hire an outside CEO for your company (23:05)
7. Why over 80% of owners can’t sell their company, and how to fix this BIG challenge (24:45)8. Robin shares the BEST ways founders should step down from their companies (31:00)
9. What are your best options if your kids are not interested in running your company with you or after you (35:49)10. How important is resolving risks (37:29)
11. Robin shares the ways of how the heirs can get involved in the business (41:28)12. What the company founder will do to create his/her legacy (47:20)
13. The importance of transparency and maturity preparing heirs to receive great responsibilities and great rewards (54:31)14. Robin shares her legacy vision (01:03:35)

To discover more about how Robin can help you increase the value of your business by 300% to 1000%+ with her superior succession planning systems, connect with her HERE.

###

******************************

This episode of Wisdom to Wealth is sponsored by Legacy Builders, the premier legacy planning company in the world for successful families. With their customized approach to helping successful families create multi-generational legacies of success addressing challenges 90% of estate planners, family offices, and succession planners overlook, their clients help ensure their success long-term. Learn more about LegacyBuilders from our FREE report “A Legacy Built to Last” here– what it is, the benefits the process provides, and how you can use it to ensure YOUR family’s long-term success.

This episode of Wisdom to Wealth is sponsored by BitClub Network, the premier BitCoin shared mining pool company in the world. With their mining computers in Iceland running on virtually free power, they have some of the highest profits in the industry. Learn more about Bitcoin here– what it is, how you can use it to save 15-25% daily at Starbucks and other stores, and other benefits it provides.